The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth ...

The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.

Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...

Mortgage rates surged higher after the Federal Reserve cut its benchmark interest rate. The market reacted to comments from ...

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in ...

Powell hints at no rate cut in December, but why cut this week?

In our news wrap Wednesday, the Federal Reserve cut its topline interest rate by a quarter-point for the second time this year, President Trump is due to meet China's Xi Jinping on the last leg of his ...

Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.

A policy divide within the central bank and a lack of federal government data may put another interest rate cut out of reach ...

The Federal Reserve cut interest rates for the second consecutive month Wednesday as questions swirl about the true strength of the U.S. economy. The Federal Open Market Committee (FOMC), the ...